CMC News

XRP Products Pull $70M as Crypto ETPs Drop $446M, CoinShare Reports

$XRP exchange-traded funds attracted $70 million in fresh investment during a week when broader crypto products hemorrhaged $446 million in outflows, according to CoinShares data. Franklin Templeton's recently launched #XRP fund alone captured $28.6 million of the inflows.

The second consecutive week of net #outflows brought total redemptions to $3.2 billion since October's market shock. CoinShares attributed the trend to continued investor caution following sharp price declines triggered by tariff threats from President Trump.

$BTC products led the exodus with nearly $443 million in withdrawals, while $ETH funds lost $59 million. Year-to-date inflows of $46.3 billion remain close to 2024's $48.7 billion pace, but total assets under management grew just 10%, indicating many investors saw negative returns after accounting for capital flows.

$SOL products provided the only other bright spot beyond $XRP, drawing $7.5 million in new capital. The selective inflows suggest investors are rotating toward alternative assets rather than exiting crypto exposure entirely.

October's flash crash ranks among the largest #liquidation events in crypto history. The sell-off was partly triggered when Trump threatened to impose 100% tariffs on Chinese imports, creating cascading margin calls that appeared to involve institutional-scale positions.

The United States dominated outflows with $460 million in withdrawals, reflecting the concentration of major Bitcoin and Ethereum #ETPs in American markets. Switzerland recorded $14 million in outflows, ranking second globally.

Germany stood apart with $35.7 million in inflows during the week. The country has recently attracted $248 million, with CoinShares suggesting German investors are treating price weakness as an #accumulation opportunity rather than a signal to exit.